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Feb 18, 2013
02/13
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. >>> they are recalling 7 5,000 of its cars in u.s. and canada. the problem is with a u.s. battery connector that can cause the battery to stall. it caused three vehicles in the 2011 model years which includes wagon and koops. it involves them through 2012 and no injuries have been reported. >>> a new study shows getting kids to watch educational television shows can improve their behavior. they switched from violent shows to ones that include sesame street andorra the explorer. they admit violence did fade with time. >>> a southern california woman hardly knew her father. she is now the proud owner of his purple heart. the man was the landlord of the woman's mother and he made an incredible discovery while cleaning the home out. >> fairing me in the face was a purple heart. >> to me it means today we are honoring his memory. [applauds]. >> the manager hooked up with the veteran's daughter by contacting purple heart reunited and it returns lost or stolen metals to family members. >>> 5:26 is the time. new information on a crash in san jose, sal? >> we do have new video as w
. >>> they are recalling 7 5,000 of its cars in u.s. and canada. the problem is with a u.s. battery connector that can cause the battery to stall. it caused three vehicles in the 2011 model years which includes wagon and koops. it involves them through 2012 and no injuries have been reported. >>> a new study shows getting kids to watch educational television shows can improve their behavior. they switched from violent shows to ones that include sesame street andorra the...
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Feb 22, 2013
02/13
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reporting from san jose, janine de la vega, ktvu channel 2 news. >>> the u.s. education secretary is issuing a warning about how federal spending cuts could affect schools. arnie duncan says that many schools would be forced to lay off teachers and increase class size and that there will be no money for disadvantaged students. >> we are there to help them see education as a vehicle to take them far in life and to ignite a love of learning. the looming cuts threaten all of this. >> some schools could feel the impact right away but most would feel the squeeze in the fall at the start of the new school year. the budget cuts will take effect next week if congress doesn't come up with a plan to trim the federal deficit. >> another strange twist in the case of a hero turned homicide suspect. how the man investigating olympic athlete pistorius for the murder of his girlfriend is now facing a serious criminal charge himself. >>> they are one of the most vulnerable groups when it comes to getting the flu. why this year's flu shot isn't doing them much good. >>> there is
reporting from san jose, janine de la vega, ktvu channel 2 news. >>> the u.s. education secretary is issuing a warning about how federal spending cuts could affect schools. arnie duncan says that many schools would be forced to lay off teachers and increase class size and that there will be no money for disadvantaged students. >> we are there to help them see education as a vehicle to take them far in life and to ignite a love of learning. the looming cuts threaten all of this....
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Feb 19, 2013
02/13
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KTVU
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. >>> a u.s. security firm is pointing a finger at china, saying china's military is responsible for massive cyber attacks. virginia issued a report saying it traced the attack to nondescript buildings outside of shanghai and over the years, the operation has stolen ter you are bites of information from -- terra bites of information. china is denying the allegations saying chinese law forbids activities that harm internet security. >>> a bail hearing is expected to resume tomorrow for south african track star, oscar pistorius. he appeared in court. prosecutors upgraded the charge against him to premeditated murder. they say that oscar pistorius shot his girlfriend, reeva steevkamp, after she shocked herself in a bathroom following a heated argument. but in a statement, he says he shot steevkamp by mistake, believing he was an intruder. he said he broke down the door and tried to revive her but she died in his arms. prosecutors say the story does not add up. the story came on the day that family an
. >>> a u.s. security firm is pointing a finger at china, saying china's military is responsible for massive cyber attacks. virginia issued a report saying it traced the attack to nondescript buildings outside of shanghai and over the years, the operation has stolen ter you are bites of information from -- terra bites of information. china is denying the allegations saying chinese law forbids activities that harm internet security. >>> a bail hearing is expected to resume...
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Feb 20, 2013
02/13
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KTVU
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u.s. 50 from east placerville to myers. ken wayne went to the sierra and it was not long before he ran into trouble. >> reporter: caltrans put up chain controls at about 11:00. but it was from this point heading eastbound toward the summit where the problems really began. we have just passed the chain controls and we've already hit a situation. we're kind of on a curb where the road slightly leaning to the right. this semi truck to our left is spinning out. so is a small suv right in front of it. once we made it past that truck we found a pair of tow trucks helping free an suv that spun out and sustained damage. we saw a big rig getting a push from a caltrans truck. the ice clung to the road. and to our mirrors. it was a tense drive, a bit much for laura slate and her family. >> we may end up going back home because they said they closed the freeway down at colfax. >> reporter: the interstate was shut down for hours as spin outs were cleared. >> a cold snow like this is icy, that's the pro
u.s. 50 from east placerville to myers. ken wayne went to the sierra and it was not long before he ran into trouble. >> reporter: caltrans put up chain controls at about 11:00. but it was from this point heading eastbound toward the summit where the problems really began. we have just passed the chain controls and we've already hit a situation. we're kind of on a curb where the road slightly leaning to the right. this semi truck to our left is spinning out. so is a small suv right in...
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Feb 19, 2013
02/13
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KTVU
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a u.s. cyber firm just released a report that says this hacking has been going on for years. >> reporter: the firm laid out the claims in this 60-page report saying a secret division of the military packed -- hacked into u.s. computer systems to get into private information. this chinese group is made up of hundreds if not tosses of -- thousands of people. it's funded by china's military. the secret group got ahold of business plans, white papers, even e-mails of high-ranking u.s. government employees. the report accuses the chinese military of trying to break into computers in 20 u.s. industries since 2006 and targeting the aerospace and public administration factors. >> translator: making allegations based on premature analysis is irresponsible and unprofessional. we expect to hear more from the white house on this cyber attack threat in a news conference in about 15 minutes. live in washington, kyla campbell, ktvu channel 2 news. >>> new numbers on veterange employment show young people w
a u.s. cyber firm just released a report that says this hacking has been going on for years. >> reporter: the firm laid out the claims in this 60-page report saying a secret division of the military packed -- hacked into u.s. computer systems to get into private information. this chinese group is made up of hundreds if not tosses of -- thousands of people. it's funded by china's military. the secret group got ahold of business plans, white papers, even e-mails of high-ranking u.s....
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Feb 7, 2013
02/13
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CNBC
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economy, a strong dollar is good for consumption, and consumption 70% of u.s. gdp. that's why u.s. equities in the currency war scenario i think is very accurate and actually look pretty compelling. >> i guess my only concern, getting back to the consumer spending, not seeing wage growth in the country and if we don't see wage growth consumers will have a tough time spending beyond their car or their house. that story has been done and documented. look at restaurants and the malls and look at retailers, it really isn't that strong of a picture so i think, you know, to say that the u.s. consumer is doing great is going to drive gdp. i don't know if we're seeing that. the retail sales numbers weren't that great today. >> i think it's all to some extent forward looking, but your point on income is a fair one. at the same time, income or, you know, the wealth of somebody increases with a stronger dollar and a higher home price so there's the income and the balance sheet side of the consumer. >> i guess the question is in terms of the broad economy. we know it's not necessarily fundamen
economy, a strong dollar is good for consumption, and consumption 70% of u.s. gdp. that's why u.s. equities in the currency war scenario i think is very accurate and actually look pretty compelling. >> i guess my only concern, getting back to the consumer spending, not seeing wage growth in the country and if we don't see wage growth consumers will have a tough time spending beyond their car or their house. that story has been done and documented. look at restaurants and the malls and...
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Feb 23, 2013
02/13
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investigators from u.s. osha, caltrans and the contractors are studying the collapsed steel. >> the various parties will be looking at both the crane and scaffolding. >> reporter: the crane was also being barged to pier seven as well. >> the main dismantling of the truss is going to pause. >> reporter: do you know how much time? >> right now they are estimates the investigation will take one month. >> reporter: because of the collapse the removal of all this reddish false work will be delayed by at least 30 days. meaning when the bridge opens a lot of it will still be in place. >> construction of the east span is continuing as planned and the bridge is still scheduled to open on labor day weekend. >> reporter: precisely how the steel support and crane actually failed will tell if it was a mechanical failure or human error. tom vacar, ktvu channel 2 news. >>> a leak in the washington state nuclear waste site is now bigger than originally thought. we've learned six tanks are leaking. washington's governor says
investigators from u.s. osha, caltrans and the contractors are studying the collapsed steel. >> the various parties will be looking at both the crane and scaffolding. >> reporter: the crane was also being barged to pier seven as well. >> the main dismantling of the truss is going to pause. >> reporter: do you know how much time? >> right now they are estimates the investigation will take one month. >> reporter: because of the collapse the removal of all this...
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Feb 17, 2013
02/13
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CNNW
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. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >> we're in the midst of an energy boom and it's lowering the price of electricity and bringing manufacturing back to america. a housing boom fueled by the lowest interest rates in history. and 35 months of private sector job creation. america's future could be great. >> i'd like to focus on what lies beyond the fiscal debate. >> i'd like to, too. but that's not possible the with a sequester deadline about to descend on the american economy. when will washington's small thinking about big problems end? if this week is any indication, the dysfunction won't end any time soon. earlier this week we le
. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indecisive, uncompromising, and polarizing politicians, america's economy could take off again. >> we are producing more energy and america can become an energy exporter. >>...
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Feb 19, 2013
02/13
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KTVU
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. >>> -- the u.s. postal services may be in the brink of collapse but we learned that they are spending thousands of the dollars to send administrators to a conference in march. >> reporter: the administrators conference will tee off with golf. documents obtained by our washington, d.c. bureau show the travel $220.000 in exhibit space will cost the u.s. postal service $200,000. internal postal service documents show beyond the meetings and a golf tournament there will be a music entertainment and the foods of fisherman's wharf and china town. at a time when the postal service is under fire for losing money and scrapping some saturday mail service. one watchdog group says the government shouldn't pay to fly its executives into town. >> they need to be concerned about the objects of this and be concerned about you know ratcheting back on what is considered some of their more luxurious activities. >> reporter: organizers of the national postal forum say the event is designed to inform businesses offered b
. >>> -- the u.s. postal services may be in the brink of collapse but we learned that they are spending thousands of the dollars to send administrators to a conference in march. >> reporter: the administrators conference will tee off with golf. documents obtained by our washington, d.c. bureau show the travel $220.000 in exhibit space will cost the u.s. postal service $200,000. internal postal service documents show beyond the meetings and a golf tournament there will be a music...
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Feb 23, 2013
02/13
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CNN
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would the u.s.? a battlefield situation try and take down another country's economic infrastructure, possibly having the impact of denying water, power, electricity to a population and a country we're at war with? these are the fundamental questions the pentagon is trying to cope with. for now, the obama administration has a new spiesh poli -- new cyberpolicy where they're trying to classify more information about the threat with u.s. business and industry so that the u.s. infrastructure has a better idea of what's going on. >> this mandate report doesn't just come out of the ether. we have had years -- barbara, you've been covering it, chris, you, too. years of reports of chinese lasers blinding satellites that are orbiting could essentially shut down the american financial system. right? we've had all kinds of reports of espionage for fighter jets, to keep nuclear subs quiet. things that will matter to our children, our economic security. it is not an exaggeration at all. chris, how concert sudden
would the u.s.? a battlefield situation try and take down another country's economic infrastructure, possibly having the impact of denying water, power, electricity to a population and a country we're at war with? these are the fundamental questions the pentagon is trying to cope with. for now, the obama administration has a new spiesh poli -- new cyberpolicy where they're trying to classify more information about the threat with u.s. business and industry so that the u.s. infrastructure has a...
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Feb 20, 2013
02/13
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. >>> the leader of the u.s. armed forces is officially calling it quits. marine general john allen met with president obama to hand over his resignation today. >>> today a federal appeals court said that prisoner that are part of the pagan religion can use a chaplain. catholics, muslims, jewish, profession -- protestants -- have chaplains. >>> u.s. security firm claims that it traced massive number of hacking attacks. hackers in that building have stolen hundreds of information from american corporations, organizations and government agencies. chinese leaders are denying the allegations. they say that china is also a victim of cyber attacks that have originated in the united states. >>> we all know the dangers of lasers pointed at pilots but did you also know that pointing a laser on people on the ground can be very dangerous and cause serious damage. that's happening more than you might think. david stevenson reports. >> reporter: thompson spends long hours in front of a monitor designing computer graphics. thompson and other passengers boarded a smaller
. >>> the leader of the u.s. armed forces is officially calling it quits. marine general john allen met with president obama to hand over his resignation today. >>> today a federal appeals court said that prisoner that are part of the pagan religion can use a chaplain. catholics, muslims, jewish, profession -- protestants -- have chaplains. >>> u.s. security firm claims that it traced massive number of hacking attacks. hackers in that building have stolen hundreds of...
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Feb 26, 2013
02/13
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. >> reporter: the u.s. embassy issued warnings about kidnapping threats. family and co-workers are hoping they are in too remote an area to call or e-mail. rob roth, ktvu channel 2 news. >>> the contra costa county sheriff is looking for a missing man who is concerned at risk. he was last seen february 5 at a hospital in martinez. he hasn't returned to his home and hasn't contacted his family. he does not have his medication. >>> there will soon be hundreds of new domains to rival dot- com. the specific names won't be announced till april. but many will be brand names and reginal monikers. and there will be some generic suffolks. >>> google may find themselves at the center of a violation investigation. they called on the trade commission to act immediately on the most recent allegations of privacy violation. google is accused of sharing users personal information with app developers. they said google has been a serial abuser and suggested they be fined billions of dollars. a spokeswoman said it is fully compliant with the law. >>> some people in oakland c
. >> reporter: the u.s. embassy issued warnings about kidnapping threats. family and co-workers are hoping they are in too remote an area to call or e-mail. rob roth, ktvu channel 2 news. >>> the contra costa county sheriff is looking for a missing man who is concerned at risk. he was last seen february 5 at a hospital in martinez. he hasn't returned to his home and hasn't contacted his family. he does not have his medication. >>> there will soon be hundreds of new...
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Feb 18, 2013
02/13
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the u.s. coast guard said the fire started in front of a generator in the main engine crime. that fire left the cruise liner without power for five days with 4200 people on board. investigators say it could take up to a year to determine what exactly caused the fire. despite that initial report from the coast guard, congress says it still wants answers into the cruise ship disaster. hours after the triumph was towed to alabama, senator jay rockefeller september a letter to the -- sent a letter to the coast guard, demanding a review of the incident and similar incidents in the last six years. the senator says there might be a larger safety issue that needs to be reviewed involving large passenger vehicles. >>> and when congress returns next week, they will only have four days for the sequester. coming up, the automatic budget cuts here for california. >>> why facebook's tax bill is zero. in fact, the social media giant will get a huge refund. >>> and what russian scientists are finding after fr
the u.s. coast guard said the fire started in front of a generator in the main engine crime. that fire left the cruise liner without power for five days with 4200 people on board. investigators say it could take up to a year to determine what exactly caused the fire. despite that initial report from the coast guard, congress says it still wants answers into the cruise ship disaster. hours after the triumph was towed to alabama, senator jay rockefeller september a letter to the -- sent a letter...
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Feb 8, 2013
02/13
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he served in the u.s. navy. while bill bratton doesn't remember much about him, he does -- chris dorner includes him in his threats. there will be an element of surprise where you work, live, eat and sleep. >> i don't recall him. i don't recall the specific set of circumstances for which i fired him or discharged him. >> reporter: now, cnn reports he mailed a coin given to him by bill bratton and read thanks but no thanks bill bratton. there is a news conference expected to begin any moment as the mun hunt continue -- man hunt continues in big beer. we will have an update at 6:00 p.m. live, eric rasmussen, ktvu channel 2 news. >> chris dorner posted a message to a number of big celebrities before he committed the murders. in the blog chris dorner posted good-bye messages to some of his favorite stars. tmz says it included tim tebow, ellen degeneres, charlie sheen. stay with ktvu channel 2 news for continuing coverage. eric is going back to his desk to watch the press conference that is just about to begin talkin
he served in the u.s. navy. while bill bratton doesn't remember much about him, he does -- chris dorner includes him in his threats. there will be an element of surprise where you work, live, eat and sleep. >> i don't recall him. i don't recall the specific set of circumstances for which i fired him or discharged him. >> reporter: now, cnn reports he mailed a coin given to him by bill bratton and read thanks but no thanks bill bratton. there is a news conference expected to begin...
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Feb 19, 2013
02/13
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CNBC
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i do not believe that our u.s. government is helping the likes of ge and 3m and everybody else steal from the chinese. it's not equivalent, asymmetric list. >> the detail, the name of one of the hackers in china. they called him ugly gorilla in that report. >> the other one was called super hard. >> i'm not going to get into that. anyway, you should read the report in it's full entirety. >> u.s. companies fighting back against president obama's new health care law. financial times reporting a few employers considering cutting hours of workers so they are not qualified as fulltime workers, rather than in insuring their staff. and other things, paying the penalty instead of paying to in sure. we could have seen this coming, couldn't we? >> there's gambling in casablanca, tyler. i can't believe it. look, remember when they started prescription drug plan for elderly seniors. before medicare didn't cover that. part d. do you know what a good chunk of the cost was? the government wrote checks to corporations so they woul
i do not believe that our u.s. government is helping the likes of ge and 3m and everybody else steal from the chinese. it's not equivalent, asymmetric list. >> the detail, the name of one of the hackers in china. they called him ugly gorilla in that report. >> the other one was called super hard. >> i'm not going to get into that. anyway, you should read the report in it's full entirety. >> u.s. companies fighting back against president obama's new health care law....
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Feb 22, 2013
02/13
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. >>> the head of the u.s. anti doping agency has asked the justice department to join a whistle-blower lawsuit against cyclist lance armstrong. the justice department has not yet said if it plans to join the case. all of this comes just a day after armstrong announced that he would not answer questions under oath before u.s. anti doping officials. >>> the flu shot isn't giving seniors much protection. federal health officials say it is only proven 9% effective for people 65 and older. health fishes say they are disappointed with the shots effectiveness but they are still recommending it saying less protection is better than none. it can also decrease the severity of symptoms. >>> ktvu's david stevenson went to reno to find out how the weapons are getting from there to here. >> reporter: nevada has seen its share of boom and bust though there's one export besides lady luck that consumers can't seem to get enough of. handguns, shotguns, and semi automatic rifles. >> probably half of the illegal weapons start com
. >>> the head of the u.s. anti doping agency has asked the justice department to join a whistle-blower lawsuit against cyclist lance armstrong. the justice department has not yet said if it plans to join the case. all of this comes just a day after armstrong announced that he would not answer questions under oath before u.s. anti doping officials. >>> the flu shot isn't giving seniors much protection. federal health officials say it is only proven 9% effective for people 65...
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and so forth one key guy the u.s. ambassador in rome david thorne yale skull and. bones john kerry's roommate so the new secretary of state his roommate and his former brother in law is now the u.s. ambassador there and he led a coup against berlusconi in two thousand and eleven which was a coup done not with tanks but with spreads they had mario draghi at the european central bank they said look we're going to we're going to attack the italian government bonds. don't do anything to defend those bonds come in and help us to attack them the spread up up up the italian parliament panicked outgoes berlusconi and in comes this monti trilateral bill de burgh goldman sachs and he brings in a government of technocrats meaning austerity ghouls and what have they done fifteen months three percent more unemployment youth unemployment thirty seven percent production down ten percent orders down fifteen percent a disaster so that's the background for these elections and let's talk about. the former comedian a really interesting character here i mean if he won what could that m
and so forth one key guy the u.s. ambassador in rome david thorne yale skull and. bones john kerry's roommate so the new secretary of state his roommate and his former brother in law is now the u.s. ambassador there and he led a coup against berlusconi in two thousand and eleven which was a coup done not with tanks but with spreads they had mario draghi at the european central bank they said look we're going to we're going to attack the italian government bonds. don't do anything to defend...
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the typical u.s. corporate bond losses could lose 15 percent of the 30-year bond suffering 26% loss. so the fear, the buzz on wall street is we could see a 2002-like route in bonds. they're not saying how, when, white, where, no details, but that aid half trillion dollars corporate bond market could be rattled a little bit with this. and when you have blank line saying it, you have to say, wait a second, what is going on? and i will tell you something, pensions and life insurance, and also a systemic risk of bank balance sheets because they have been big buyers of government bonds. so the banks are truly too big to fail because they have been the ones buying government debt. we have to watch out. david: a bubble in search of a pen. only liz macdonald. liz: thank you very much. david: well, you think new york is an expensive city? maybe not today. up next, find out where in the big apple you can get coffee for a nickel. and a slice of cheesecake for $0.19. we will tell you where. liz: plus, we will loo
the typical u.s. corporate bond losses could lose 15 percent of the 30-year bond suffering 26% loss. so the fear, the buzz on wall street is we could see a 2002-like route in bonds. they're not saying how, when, white, where, no details, but that aid half trillion dollars corporate bond market could be rattled a little bit with this. and when you have blank line saying it, you have to say, wait a second, what is going on? and i will tell you something, pensions and life insurance, and also a...
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Feb 19, 2013
02/13
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FBC
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you got the u.s. dollar to play in here as well. >> yeah, well, we have seen treasury yields hovering at the 2%. it's an uncertain on which way they are going to go, you know, if you start to see the equities back off, october, -- of course yields gain in value and there could be panic in the market with people searching for the volatility index or a play like gold or silver. gold is hovering at 1600. there's questions about whether or not it gets a bounce back up or not. liz: weird that platinum and palladium move higher by more than a full percentage point and yet gold and silver moving down? >> it's a story out of south africa right now. there's supply and demand restatements from out of there. over the weekend, there's talk about gunfire, and thank god it was rubber bulleted used. about nine different mining workers there. there were injuries, and as a result of that, there's also that threat for labor disputes. prices should continue to rise on that disruption. >> let's watch that. again, as poin
you got the u.s. dollar to play in here as well. >> yeah, well, we have seen treasury yields hovering at the 2%. it's an uncertain on which way they are going to go, you know, if you start to see the equities back off, october, -- of course yields gain in value and there could be panic in the market with people searching for the volatility index or a play like gold or silver. gold is hovering at 1600. there's questions about whether or not it gets a bounce back up or not. liz: weird that...
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Feb 4, 2013
02/13
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CNBC
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or wasn't going to mean for the u.s., then you have the fed come out in december and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. an
or wasn't going to mean for the u.s., then you have the fed come out in december and say they would buy $45 million in treasuries out again and gold price came down $150 bucks. >> tom, thanks so much. we will do final trades after this short break. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain...
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Feb 11, 2013
02/13
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CSPAN
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u.s. companies are not investing in automatic machines. if you look at the share, it will be basically applied in development. we are the only industrial nation worthy corporate ones. u.s. companies did the development. they shrank this largely because it is really risky. shareholders are saying we do not care about your returns. abovwe now have the weakest tax credit. the tax code does not worry that there. we are putting these together. more invested. >> is there a net to report the step you want to do to something you think would be more significant? >> there are lots of types of research where the social return is insufficient to generate the private sector. that is why we have to look for more of these types of partnerships between the partnership and private sector. there is the semiconductor industry. they are now cosponsoring a series of university basis that are trying to figure out how we take it as far as it will go. have we take this too is fundamental physical limits? is there anything after that? >> sponsoring means of govern
u.s. companies are not investing in automatic machines. if you look at the share, it will be basically applied in development. we are the only industrial nation worthy corporate ones. u.s. companies did the development. they shrank this largely because it is really risky. shareholders are saying we do not care about your returns. abovwe now have the weakest tax credit. the tax code does not worry that there. we are putting these together. more invested. >> is there a net to report the...
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Feb 21, 2013
02/13
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CNBC
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sluggish and up 60% in the u.s. we believe the international piece will show improvements that will allow them to guide slightly higher than where the street's at for the march quarter. so we've done some fundamental work in two of their countries. uk being the biggest one and we think we will see this turn point. if that happens, stock will likely fwo go higher despite the fact it doubled. >> what can go wrong. >> if we are right about the lift or improvement international, the product they are selling, groupon goods, tend to lower margin. the one risk is we think this is positive for revenue but that drives the stock higher. one of the concerns we have is goods number means for the overall gross margin. >> groupon has been a push company. they fill your in box with stuff. fewer people are checking them out. it's trying to become a pull company, a mobile company. is it doing it well, gene, and is groupon the same company it was 12 months ago? >> it's a different company than it was 12 months ago, and i think that w
sluggish and up 60% in the u.s. we believe the international piece will show improvements that will allow them to guide slightly higher than where the street's at for the march quarter. so we've done some fundamental work in two of their countries. uk being the biggest one and we think we will see this turn point. if that happens, stock will likely fwo go higher despite the fact it doubled. >> what can go wrong. >> if we are right about the lift or improvement international, the...
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Feb 9, 2013
02/13
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CSPAN
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here in the u.s. we see internet at home. but in many parts of the world the first experience of the internet through their phone. we've invested a lot there. we've stressed design. the sfone now such an intensely personal object. we've done surveys in the past if you leave your home without your phone or wallet which are you likely to go back for and the sans your phone. you can boar rerow money but if you don't have your phone you are out of touch. you can't doket friends and family. so that's why the phone business has been so successful for us and we can bring all of our strengths and design in technology, in connectivity to the phone market. >> what is the future development for samsung and android? >> so really i can't comment on a platform strategy other than to say samsung has been a brand that wants to deliver what consumers are interested in. we believe in consumer choice. we've had multiple platforms in the past. we are focused on offering choice to consumers. if there is demand for a product, we want to offer that
here in the u.s. we see internet at home. but in many parts of the world the first experience of the internet through their phone. we've invested a lot there. we've stressed design. the sfone now such an intensely personal object. we've done surveys in the past if you leave your home without your phone or wallet which are you likely to go back for and the sans your phone. you can boar rerow money but if you don't have your phone you are out of touch. you can't doket friends and family. so...
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Feb 25, 2013
02/13
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CNBC
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>> working on it. >> one top u.s. intelligence official is on record saying that the chinese have already aggressively infiltrated the computer networks of some u.s. banks and are operating inside u.s. electrical grids, mapping out our networks and presumably leaving behind malicious software that could be used to sabotage the system. can a penetrator or a perpetrator leave behind-- >> yes. >> little things that will allow them to be there and watch and look and listen? >> any successful penetration has the potential for leaving behind a capability. >> do we believe that there are--that governments have planted code in the power grid? >> steve, i would be shocked if we were in a situation where tools and capabilities and techniques have not been left in u.s. computer and information systems. >> of all the critical components in the u.s. infrastructure, the power grid is one of the most vulnerable to cyber attack. that's because the power grid is run and regulated by private utilities, which are unbeholden to governmen
>> working on it. >> one top u.s. intelligence official is on record saying that the chinese have already aggressively infiltrated the computer networks of some u.s. banks and are operating inside u.s. electrical grids, mapping out our networks and presumably leaving behind malicious software that could be used to sabotage the system. can a penetrator or a perpetrator leave behind-- >> yes. >> little things that will allow them to be there and watch and look and listen?...
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there are parts of the chinese military hacking u.s. trade secrets have been covered extensively by the mainstream media take a listen china is officially out of control because don't look now but prove today our sugar daddy is a thief for tonight lifts the veil on a kind of invisible war china unleashing its full spy power let's return to the alleged link between china's military and a prolific hacking group most cyber attacks are being carried out by teams inside the chinese military but there's more to the technological relationship between the united states and china than hacking congressman dana rohrabacher a republican from california explained at r.t. we have built china into a major economic power without demanding any type of political reforms we've given the most favored nation status one more free trade we permitted them to steal our technology they get away with murder. a later show of china's economic power purchasing bankrupt u.s. business a one two three it's not your car battery maker and you may have heard of the busine
there are parts of the chinese military hacking u.s. trade secrets have been covered extensively by the mainstream media take a listen china is officially out of control because don't look now but prove today our sugar daddy is a thief for tonight lifts the veil on a kind of invisible war china unleashing its full spy power let's return to the alleged link between china's military and a prolific hacking group most cyber attacks are being carried out by teams inside the chinese military but...
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Feb 10, 2013
02/13
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CNNW
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the u.s. if that corn could take the nigtrogeghtrogen out of the air it like beans do, then we wouldn't have to fertilize corn. another important problem, we don't have enough drugs for diseases. we see these multidrug-resistant microbes popping up in hospitals and it's kind of scary. we need better drugs, i think this is an area where synthetic biology can really help. if you look around this room, nearly everything that we're in contact with is derived from petroleum. the carpet on the floor, the paint on the walls, the ceiling tiles, they all come from petroleum we have the potential to produce all of these products from sugar. so it could open up an entirely new avenue for agriculture, it could open up an environmentally-friendly way to produce all of these products that we use on a day-to-day basis. >> is that part of what drives you? do you look at the world just differently as a result of knowing how sugar could be substituted for these petroleum-based products? >> i don't know if i loo
the u.s. if that corn could take the nigtrogeghtrogen out of the air it like beans do, then we wouldn't have to fertilize corn. another important problem, we don't have enough drugs for diseases. we see these multidrug-resistant microbes popping up in hospitals and it's kind of scary. we need better drugs, i think this is an area where synthetic biology can really help. if you look around this room, nearly everything that we're in contact with is derived from petroleum. the carpet on the floor,...
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Feb 12, 2013
02/13
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KTVU
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test to protect the sovereignty against the u.s.... >> reporter: this comes as president barack obama is preparing for his state of union address tonight and the timing of this test is no coincidence. i did reach out to see if the president will respond to this latest test and she has not gotten back to me. i will give you another update when i see you next. kyla campbell washington d.c. ktvu channel 2 morning news. >>> senator chuck hagel's fellow republicans on the committee have challenged his past statements on israel iran and nuclear weapons. they pressed senator chuck hagel for more of his personal finances. >>> a cruise ship is expected to be towed to alabama instead of new mexico. strong currents caused the ship to drift north. triumph became stranded and more than 3,000 passengers are on board and are sick. they are dealing with no working toilets and that ship should arrive in mobile alabama on thursday. >>> this action comes after a tanker hit a tower on the bridge last month. the ship had a quarter of a mile visibility. the harbor safety committee has made a list of recomm
test to protect the sovereignty against the u.s.... >> reporter: this comes as president barack obama is preparing for his state of union address tonight and the timing of this test is no coincidence. i did reach out to see if the president will respond to this latest test and she has not gotten back to me. i will give you another update when i see you next. kyla campbell washington d.c. ktvu channel 2 morning news. >>> senator chuck hagel's fellow republicans on the committee...
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Feb 10, 2013
02/13
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CNN
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the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there something more he could be doing to end the small thinking about big problems that has become the norm in our nation's capital? >> he still wants the grand bargain he's been talking about for several years. this past week he came out and said we need another temporary fix. the term sequester is essentially a fancy word for the president and congress not doing their jobs. you laid it out pretty clearly. the president is late submitting his own budget. so he's part of the problem, too. but he does have the uppe
the u.s. defaulting could again result in the downgrade of america's credit rating. the consequences for you could be dire. your borrowing costs would likely rise along with your taxes. you could expect cuts to the programs and government services you rely on. jon king is cnn's national correspondent. jon, president obama says he wants a big deal on budgets and debt. he won the battle for public opinion. he won a second term while congressional approval continues to be super low. is there...
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Feb 25, 2013
02/13
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KTVU
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. >>> the u.s. state department has joined the search for an oakland couple missing in south america. jamie neil and garrett hand began a bike tour of peru in november. they kept in constant contact with family members and friends through a facebook page. but those posts abruptly stopped on january 25th when they arrived in lema. >>> memorial services are scheduled today for ten-month- old angel lagrand. sheriffs deputies found her body in a field. the discovery comes two weeks after she disappeared. her father is facing kidnapping and murder charges in her death. investigators say jesus told family members he had told family members he had take ton the baby to disney land. >>> the san jose city council is thinking about three different taxes to pay the cost of fixing roads. they include a quarter cent or half cent sales tax. they may also ask voters to approve a $295 million bond measure that would cost the average homeowner about $100 a year. >>> 6:19 is the time. back over to sal who is keeping a
. >>> the u.s. state department has joined the search for an oakland couple missing in south america. jamie neil and garrett hand began a bike tour of peru in november. they kept in constant contact with family members and friends through a facebook page. but those posts abruptly stopped on january 25th when they arrived in lema. >>> memorial services are scheduled today for ten-month- old angel lagrand. sheriffs deputies found her body in a field. the discovery comes two...
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Feb 12, 2013
02/13
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that is when u.s. led forces are expected to hand over that country's security to afghan forces. >>> this has cost the university about 23,000 dollars. according to the newspaper, that money could go up. the overtime is for police and firefighters and they have entered a plea of not guilty to charges of making and storing explosives. they found several ingredients, including the primary ingredient used in that item. >>> this is proved to be dangerous for birds. various bird supporters have found bread causes a deformative called angel wing and that causes the wings to stick straight out and then they lose the ability to fly. feeding seeds is a less damaging alternative, we are told. >>> now we get to talk about traffic and the commute, sal, what do you see? >>> it is getting busier, as we look at some of these pictures getting up to highway 17 and that traffic continues to look pretty good, no major problems by the way on the sunole grade as you drive through, southbound 680 traffic looks good at the b
that is when u.s. led forces are expected to hand over that country's security to afghan forces. >>> this has cost the university about 23,000 dollars. according to the newspaper, that money could go up. the overtime is for police and firefighters and they have entered a plea of not guilty to charges of making and storing explosives. they found several ingredients, including the primary ingredient used in that item. >>> this is proved to be dangerous for birds. various bird...
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Feb 4, 2013
02/13
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CNBC
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trying to get into the sports globery and u.s. providing the software platform for fantasy football. more than 30 million people play fantasy football. billions of dollars. keep an eye on sap. >> i'm shocked people had a good time in new orleans over the super bowl. >> yeah. breaking news. people having a good time in new orleans. >> bourbon street, beads -- >> and various other things. >> and baltimore's beat down. >> okay. let's's talk about the ads, right? so much more than just the sport. personally, i tuned in for the ads. overall feeling from our staff was a collective, meh. julia boorstin, who was the biggest winner in the ad world? >> the biggest winner wasn't an advertiser but social media andand twitter in particular. and over 24 million tweets about the game and halftime show alone plus millions more additional tweets about the ads. perhaps most importantly, twitter helped advertisers make the most of the 34-minute black out wasting in time, ads around surges for power outages began four minutes after the lights went ou
trying to get into the sports globery and u.s. providing the software platform for fantasy football. more than 30 million people play fantasy football. billions of dollars. keep an eye on sap. >> i'm shocked people had a good time in new orleans over the super bowl. >> yeah. breaking news. people having a good time in new orleans. >> bourbon street, beads -- >> and various other things. >> and baltimore's beat down. >> okay. let's's talk about the ads, right?...
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Feb 20, 2013
02/13
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CNBC
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what is happening is this -- all this o oil in the u.s. is being generated and it has to get somewhere p. so the pipelines are strained for capacity. so where is it going to go? railroads are a great opportunity. and there's track already laid that they can utilize to move that oil to where it needs to go. >> marathon mpc make the case. quickly please jill. >> marathon, same thing. refiners, what has been holding up energy in the u.s., is limited capacity for refiners. they have a long runway ahead of them even though they add great run up last year. >> jill that was good. thank you for joining us. >> did move her through that. more like a hustle than a boogie. >> there you go. >> taxpayer toga party. how america is getting drunk on student loans and maybe has little if nothing to show from it. the patient, presented with a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving
what is happening is this -- all this o oil in the u.s. is being generated and it has to get somewhere p. so the pipelines are strained for capacity. so where is it going to go? railroads are a great opportunity. and there's track already laid that they can utilize to move that oil to where it needs to go. >> marathon mpc make the case. quickly please jill. >> marathon, same thing. refiners, what has been holding up energy in the u.s., is limited capacity for refiners. they have a...
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Feb 26, 2013
02/13
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KTVU
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. >> reporter: the u.s. embassy crew has issued warnings about kidnapping threats in the bike shop where jamie neil works has raised $4,000 for information leading to the couple's safe return. ktvu, channel 2 news. >>> there's a nice looking weather system out there, but it's going to head to the north. it looks good, but as we watch, it's going to go straight up into the pacific northwest. we stay dry and warm up. not tonight know, it's going to be chilly overnight. napa is 41. 43 in santa rosa. your overnight low forecast, a lot like last night, look for patchy frost in the morning. and coastal fog has been patchy as well. as you go into tuesday morning, here's the numbers you can expect. 33 in santa rosa. 40 in vallejo. 46 in pacifica. a lot of these numbers will get you a little bit of frost on the lawn, wind shield as well. when i come back we need rain. we will also do your forecast highs. it's going to warm up to near 70 this week. >>> the tunnel project on double slide is set to open soon. the twin m
. >> reporter: the u.s. embassy crew has issued warnings about kidnapping threats in the bike shop where jamie neil works has raised $4,000 for information leading to the couple's safe return. ktvu, channel 2 news. >>> there's a nice looking weather system out there, but it's going to head to the north. it looks good, but as we watch, it's going to go straight up into the pacific northwest. we stay dry and warm up. not tonight know, it's going to be chilly overnight. napa is 41....
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Feb 11, 2013
02/13
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CNBC
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then the u.s. fiscal cliff. i think a number of consumers said, look, i will will hunker down until i see clarity. we think that exactly what we got at the beginning of the year. u.s. did not go over the fiscal cliff. we will see some flash point with congressional leaders, leader this year. by and large, even though the unemployment data isn't what we expected, the revisions were pretty good. >> anything that keeps you up or details you or significantly changes the forecast? >> of course we do worry about the rise of the euro. so the euro area is still somewhat meyered in recession. we're hoping they will pull out of it from this year. but a strengthening of the euro certainly makes that road a lot harder for europe since they are a big expert oriented economy. that's one thing of course if it rises too far too fast, that could be a big concern. and ride? crude oil prices is something else that could be detrimental. we don't see that as a big issue because as we saw in the trade data on friday, we have nothing
then the u.s. fiscal cliff. i think a number of consumers said, look, i will will hunker down until i see clarity. we think that exactly what we got at the beginning of the year. u.s. did not go over the fiscal cliff. we will see some flash point with congressional leaders, leader this year. by and large, even though the unemployment data isn't what we expected, the revisions were pretty good. >> anything that keeps you up or details you or significantly changes the forecast? >> of...
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Feb 12, 2013
02/13
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that's when the u.s.-led international forces are scheduled to hand over the country's security to afghan forces. the white house says other topics he will talk about include immigration reform, reducing gun violence and investing in education. but his major focus is expected to be on the economy and creating jobs. >> the core emphasis that he's always placed on -- in these big speeches remains the same and will remain the same which is the need to make the economy work for the middle class because the middle class is the engine that drives this country forward. >> following the state of the union address, the president travels to three different communities discussing the proposals he unveils in the speech. the president will go to asheville, north carolina on thursday, atlanta on thursday and then chicago on friday. >>> the republican response will be delivered by marco rube pea yo, immediately after the president's speech. "time" magazine is calling rubio the republican savior. he will deliver his spee
that's when the u.s.-led international forces are scheduled to hand over the country's security to afghan forces. the white house says other topics he will talk about include immigration reform, reducing gun violence and investing in education. but his major focus is expected to be on the economy and creating jobs. >> the core emphasis that he's always placed on -- in these big speeches remains the same and will remain the same which is the need to make the economy work for the middle...
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Feb 1, 2013
02/13
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KICU
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the u.s. justice department wants to stop a $20-billion merger between anheuser busch in-bev and grupo modelo sab. the merge would make prices pop and the u.s. beer market less competitive, according to the department of justice. ab in-bev already owns a 50% stake in modelo, which makes corona extra, modelo especial and pacifico. the maker of budweiser products plans to fight the doj's decision, but says the deal is off for now. constellation brands also had a side deal as part of the takeover. we'll have more on that stock later in chart talk. japan's largest airline is doing the math on its dreamliner losses. japanese airline all nippon airways, or ana, says it has taken a $15-million revenue loss following the grounding of 787s. 459 of ana's flights were cancelled as investigators look for clues into what sparked fire and smoke onboard dreamliners. ana plans to seek damages from boeing, but says it doesn't expect the problems to last long. analysts say it could be the richest ipo since face
the u.s. justice department wants to stop a $20-billion merger between anheuser busch in-bev and grupo modelo sab. the merge would make prices pop and the u.s. beer market less competitive, according to the department of justice. ab in-bev already owns a 50% stake in modelo, which makes corona extra, modelo especial and pacifico. the maker of budweiser products plans to fight the doj's decision, but says the deal is off for now. constellation brands also had a side deal as part of the takeover....
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Feb 3, 2013
02/13
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KNTV
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jon schwartz of u.s. "today." why silicon valley? why our part of town? >> i was actually very fortunate to have been given the opportunity by american experience. >> all right. why were they interested? they were -- the sloan foundation is one of their founders. they were really very, have interested in bringing the story "silicon valley" to the public. silicon valley, the revolution that hand here and created by these men, in terms of takingojs into the digital age, the information age really changed our lives in the way we interact today. people take for granted things like cell phones, computers and laptops. all of these thins sort of stand back to what these guys invented. >> even the corporate culture, right? i thought that was one of the interesting aspects, how they set the corporate culture at least here in silicon valley we take for granted today. >> certainly. the main character in this was instrumental, helping to bring the new idea to the democratic -- >> wearing junes. >> cubicals, everybody thinks with intel, you look at facebook, it's a ve
jon schwartz of u.s. "today." why silicon valley? why our part of town? >> i was actually very fortunate to have been given the opportunity by american experience. >> all right. why were they interested? they were -- the sloan foundation is one of their founders. they were really very, have interested in bringing the story "silicon valley" to the public. silicon valley, the revolution that hand here and created by these men, in terms of takingojs into the digital...
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Feb 16, 2013
02/13
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KQED
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i think part of the whole reason that the u.s., i'm sort of an amateur student of the u.s. automobile industry. i think part of the reason that it ran into trouble was way before the 1970s. it was because the founders of those companies had relinquished the reign reins to businesspeople, not product people. >> rose: buzz as soon as you say that, i would make this observation. look what happened to ford. >> yes. >> rose: c.e.o. of ford. >> yes, yeah. >> rose: -- grew newspaper the car business, was not an engineer but was a superb manager. and great sensibility for product. and i think-- . >> rose: yeah. >> and i think that's the element that gets missed a lot of the time. in these management turnovers. and particularly for technology company. you absolutely have to have as the guiding force of an abiding enduring technology company, a person or people at the helm who have products in their dna. >> rose: yeah. >> who love, who are crazed by the idea of making that thing better. >> better. >> the best. or making it better or the best or have this inventive desire like larry p
i think part of the whole reason that the u.s., i'm sort of an amateur student of the u.s. automobile industry. i think part of the reason that it ran into trouble was way before the 1970s. it was because the founders of those companies had relinquished the reign reins to businesspeople, not product people. >> rose: buzz as soon as you say that, i would make this observation. look what happened to ford. >> yes. >> rose: c.e.o. of ford. >> yes, yeah. >> rose: --...
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Feb 5, 2013
02/13
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KTVU
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the u.s. and canada are gathering in sunnyvale today. they are attending the smile conference, social media, the internet and law enforcement. they will be trading ideas on houp to use social media to help fight -- on how to use social media to help fight crime. the conference runs from today until thursday. >>> could congress be ready to vote to legalize marijuana? the legislation that's being introduced today. >>> why business is booming at many bay area pancake houses this morning. >>> mostly cloudy out there. a lot of low clouds. making a pretty strong surge inland. mostly cloudy, giving way to partly sunny. a westerly breeze. like a summertime pattern. highs in the 50s. >>> there are new details about the mental state of an iraq war veteran accused of killing a former navy s.e.a.l. who claimed to be the best sniper in the iraq war. he was reportedly taken to a mental hospital in september after he threatened to kill his family and himself. he was also treated at the same mental hospital l
the u.s. and canada are gathering in sunnyvale today. they are attending the smile conference, social media, the internet and law enforcement. they will be trading ideas on houp to use social media to help fight -- on how to use social media to help fight crime. the conference runs from today until thursday. >>> could congress be ready to vote to legalize marijuana? the legislation that's being introduced today. >>> why business is booming at many bay area pancake houses this...
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so we say this fear trade which buffett highlighted, the u.s. is not going to default, but the reason they downgraded us was political dysfunctionality, liz. and that's a theme we remain with, dysfunctionality, deleverage. liz: david darst is coming up with five names in a minute for your portfolio. so stay tuned. i'm so thrilled to have you here on a day like this where we're falling. people get a little nervous. don't be david says. the closing bell ringing in exactly 50 minutes. whole foods a favorite on wall street over the years, with its stellar margins, steady traffic in stores, strong growth and it all started as a dream that co ceo and co founder john mackey says still operates as a dream in his mind and in the shareholders minds it should. the tenets of mackey's conscious capitalism. he's going to outline these for you. will it work for you and your company? he says it will. you need to hear it. it's a fox business exclusive. ♪ i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try t
so we say this fear trade which buffett highlighted, the u.s. is not going to default, but the reason they downgraded us was political dysfunctionality, liz. and that's a theme we remain with, dysfunctionality, deleverage. liz: david darst is coming up with five names in a minute for your portfolio. so stay tuned. i'm so thrilled to have you here on a day like this where we're falling. people get a little nervous. don't be david says. the closing bell ringing in exactly 50 minutes. whole foods...
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Feb 4, 2013
02/13
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CNBC
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about one-week yield in the u.s. in germany. if you look at uk, guilt, you can see hovering around 208, it is lower. as the flight to safety seems to have gotten renewed as yields in spain and italy reflect economies. if you look at the etf for munis, also getting life as high tide and fixed income floating all boats. for an exchange quickly, the euro dollar or euro yen, we have come off. about friday this time, trading with 137 handle. 135 and last, tyler, it is all yours. >> rick, thank you very much. our power play is ceo and founder of williams capital group, christopher williams. also sits on the boards of wal-mart, caesars entertainment, dartmouth school of business. you're a busy man, chris. >> nice to see you again. >> let's talk about the fixed income, we were just talking off camera about how large companies that have access to capital markets are coming into the debt markets because in part rates are so low. do you expect there to be a continued crush into the debt markets on the theory that we better get in now befor
about one-week yield in the u.s. in germany. if you look at uk, guilt, you can see hovering around 208, it is lower. as the flight to safety seems to have gotten renewed as yields in spain and italy reflect economies. if you look at the etf for munis, also getting life as high tide and fixed income floating all boats. for an exchange quickly, the euro dollar or euro yen, we have come off. about friday this time, trading with 137 handle. 135 and last, tyler, it is all yours. >> rick, thank...
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Feb 21, 2013
02/13
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CNBC
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eye 218
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the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester this year might come to $44 million, and that's just a quarter of 1% of our gdp. my worries is that the fed will take notice and not do the wrong thing if we go over the sequestration cliff. we thank the conclusion of the payroll tax holiday, and the rising gas prices are weighing on the consumer. does d the fed see that this coming last month when things were rosier. is this when they bail on plans to help the economy and start hurting it? the fed chief is sticking by 6.5% unemployment goal. that's still a percent before the gre
the discretionary part of the u.s. budge set skewed toward military spending and even though the iraq war is over and afghanistan is winding down, the defense department has not turned its back. judging by what they plan on going after in order to do so, 800,000 civilian jobs instead of huge overhead meant to fight the soviet union, japan and, germany, no matter that my old pal and partner, larry kudlow has a terrific piece on cnbc.com today, which points out the entire harm from the sequester...
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welcome back to the big picture i'm tom hartman coming up in this half hour the u.s. justice department plans to file suit against an and poor's for its role in the financial crisis the brought the american economy to its needs is this really about punishing the banks toure's who caused one of the worst recessions in history and do you want a drone using thermal imaging to keep track of you inside your own house like it or not this could become a reality of life in the united states i'll tell you how we fight back against this invasion of our privacy in tonight's deal we take. in the best of the rest of the news banks alone didn't crash our economy a few years ago in fact some of the biggest fraudsters in the run up to the financial crisis in two thousand and seven and two thousand and eight for the credit rating agencies like s. and p. and moody's they gave prime ratings to junk mortgages it's been alleged that many of these ratings agencies actually took kickbacks from the banks to supply favorable ratings which ended up growing investors now the wall street journal
welcome back to the big picture i'm tom hartman coming up in this half hour the u.s. justice department plans to file suit against an and poor's for its role in the financial crisis the brought the american economy to its needs is this really about punishing the banks toure's who caused one of the worst recessions in history and do you want a drone using thermal imaging to keep track of you inside your own house like it or not this could become a reality of life in the united states i'll tell...
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the u.s. doing okay. again, hewlett-packard better than anticipated. >> all right, david, thank you. stay right there. we're going to bring in david garrity and roger kay of end point technologies associates. good to see everybody. thanks for joining us. want to point out aig numbers are also out, and i want to tell our viewers that there is stock to buy in aig after the close tonight. just spoke with the market-maker there, so we're watching that story as well as this story. hewlett-packard though is the focus right now. david garrity, what's your take on the quarter? >> the earnings multiple for the company, single digits, a five handle. i mean, here's a company. it's great and wonderful that they are doing better in terms of businesses that are losing share in the overall computing market, and it's thighs to see that they are getting some positive margin surprises, but the fact of the matter is hewlett-packard was initially thought to be an innovator and what we see out of corner, fine, we
the u.s. doing okay. again, hewlett-packard better than anticipated. >> all right, david, thank you. stay right there. we're going to bring in david garrity and roger kay of end point technologies associates. good to see everybody. thanks for joining us. want to point out aig numbers are also out, and i want to tell our viewers that there is stock to buy in aig after the close tonight. just spoke with the market-maker there, so we're watching that story as well as this story....
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the ceo of the u.s. tire maker, titan, making industrial tires and so forth, turning done a rescue of a good year plant closed in the country. maurice taylor saying he has no interest because french workers get paid too much and they only work three hours a day. they take an hour-lunch, take another break and talk talk three hours a day. >> when we work, we work better. it may be about to go into a tail spin. could be a major story in 2013. >> could become another sick man in europe, kayla. >> i don't understand, why, if he is worried about saving french jobs, french industry minister, why he didn't go to michelin. here, maurice taylor says i will drive michelin out of business. i want michelin if i'm going to the government. >> a clothing line called rain, heat and snow. so kayla, a jacket for you for chance? >> i'm thinking probably no. if this is an attempt tocate toert younger class to make the post office relevant again, ininstead of doing something like releasing a clothing line, invest in technolo
the ceo of the u.s. tire maker, titan, making industrial tires and so forth, turning done a rescue of a good year plant closed in the country. maurice taylor saying he has no interest because french workers get paid too much and they only work three hours a day. they take an hour-lunch, take another break and talk talk three hours a day. >> when we work, we work better. it may be about to go into a tail spin. could be a major story in 2013. >> could become another sick man in...